Arrowhead Pharmaceuticals Inc (ARWR)
Gross profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | -113,885 | 117,367 | 108,379 | 49,039 | 29,774 |
Revenue | US$ in thousands | 3,471 | 222,409 | 243,231 | 138,287 | 87,992 |
Gross profit margin | -3,281.04% | 52.77% | 44.56% | 35.46% | 33.84% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $-113,885K ÷ $3,471K
= -3,281.04%
The gross profit margin of Arrowhead Pharmaceuticals Inc has fluctuated over the past five years, ranging from negative to positive values. Notably, the company experienced a significant negative gross profit margin of -3,281.04% as of September 30, 2024, which may indicate potential issues with cost management or pricing strategies. In contrast, the gross profit margin showed improvement in the prior years, with 52.77% in 2023, 44.56% in 2022, 35.46% in 2021, and 33.84% in 2020. This suggests that Arrowhead Pharmaceuticals Inc has historically been able to generate a reasonable level of gross profit relative to its revenues, although the negative margin in 2024 is a cause for concern and warrants further investigation into the company's financial performance and operational efficiency.
Peer comparison
Sep 30, 2024